Optimize Financial Inc Buys Shares of 2,517 Teledyne Technologies Incorporated $TDY

Optimize Financial Inc bought a new position in Teledyne Technologies Incorporated (NYSE:TDY) in the third quarter, according to its most recent disclosure with the SEC. The firm bought 2,517 shares of the scientific and technical instruments company’s stock, valued at approximately $1,475,000. Teledyne Technologies comprises approximately 0.8% of Optimize Financial Inc’s portfolio, making the stock its 24th biggest position.

Several other institutional investors and hedge funds have also recently modified their holdings of TDY. SBI Securities Co. Ltd. grew its holdings in shares of Teledyne Technologies by 75.9% in the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 22 shares during the period. Rexford Capital Inc. acquired a new position in Teledyne Technologies in the 2nd quarter valued at about $29,000. First Horizon Advisors Inc. boosted its holdings in Teledyne Technologies by 52.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 78 shares of the scientific and technical instruments company’s stock valued at $40,000 after purchasing an additional 27 shares during the last quarter. Assetmark Inc. grew its stake in shares of Teledyne Technologies by 193.1% in the 2nd quarter. Assetmark Inc. now owns 85 shares of the scientific and technical instruments company’s stock valued at $44,000 after buying an additional 56 shares during the period. Finally, TruNorth Capital Management LLC acquired a new stake in shares of Teledyne Technologies during the 3rd quarter worth approximately $46,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the sale, the director directly owned 47,328 shares in the company, valued at $29,390,688. This represents a 4.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is currently owned by company insiders.

Teledyne Technologies Stock Performance

Shares of Teledyne Technologies stock opened at $640.53 on Wednesday. The stock has a market capitalization of $30.07 billion, a price-to-earnings ratio of 33.87, a price-to-earnings-growth ratio of 2.62 and a beta of 1.01. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08. The business has a 50-day moving average of $543.14 and a 200 day moving average of $544.35. Teledyne Technologies Incorporated has a 12 month low of $419.00 and a 12 month high of $641.81.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.83 by $0.47. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter in the prior year, the company earned $5.52 earnings per share. The business’s quarterly revenue was up 7.3% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. As a group, sell-side analysts forecast that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Needham & Company LLC upped their price objective on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Stifel Nicolaus lifted their target price on Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Morgan Stanley started coverage on Teledyne Technologies in a research note on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 price target on the stock. Citigroup raised their price objective on Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Finally, Barclays boosted their price objective on shares of Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $627.88.

About Teledyne Technologies

Teledyne Technologies (NYSE: TDY), headquartered in Thousand Oaks, California, is a diversified industrial technology company that designs, manufactures and supports sophisticated electronic systems, instruments and imaging products. Founded in 1960 by Henry Singleton and George Kozmetsky, Teledyne has grown into a multinational provider of high-performance equipment and software for commercial, scientific and government customers. Its offerings are used in markets that include aerospace and defense, marine, industrial manufacturing, environmental monitoring and scientific research.

The company operates through businesses that develop precision instrumentation, digital imaging products, engineered systems and aerospace and defense electronics.